Mean Reversion CME GAP at FOMC -> Pump until BOJ Rate DecissionHello guys! I will share a mean reversion idea on Bitcoin with you today.
I expect Bitcoin to close the CME Gap, that got made at the beginning of the week. Currently we are very close to starting the recovery process. The CME Gap closing aligns very good with a mean reversion to the 50EMA on the 4hr timeframe. This could be an indication for a trend continuation of Bitcoin to the upside until friday when the Bank of Japan (BOJ) will decide their rate policy. We will look into the chart from a new perspective on friday so take this trade idea as a short term one. I mentioned in the chart that we have an unrecovered pink vector candle at the top. This could be an good area to aim for in the reversal process to take profit. With good execution this could be an good trade from 102k to 108k. Me personal, I don't think we will see a rate cut and if so only a small one. So nothing that will shake the markets to hard. I hope.
Trade SAFE!
Supply and Demand
BTC 1h updateWe've broken out of balance and are now leaning more towards short positions. A HAMMER signal appeared on the 1D chart, which could suggest a potential reversal. In my view, a strong sell zone would be around 104,730 for now, but it's important to wait for supporting signals. Stay tuned for updates! 🚨📉
BTC 1D updateIf today’s price closes above the 1D sell level at 104,630, it means we’ve broken out of the current range and are back in an uptrend. However, if it doesn’t close above this level, it could be a false breakout, and the market might stay range-bound for now. Let’s keep an eye on that close!
BINANCE:BTCUSDT.P
NQ Power Range Report with FIB Ext - 12/18/2024 SessionCME_MINI:NQH2025
- PR High: 22309.25
- PR Low: 22206.00
- NZ Spread: 230.75
Key scheduled economic events:
10:30 | Crude Oil Inventories
14:00 | FOMC Economic Projections
- FOMC Statement
- Fed Interest Rate Decision
14:30 | FOMC Press Conference
AMP raised margins for expected FOMC volatility spikes
- Retraced 50% of Monday's ATH breakout range
- +100 point value decline at session open
- Auctioning long above previous session close
Session Open Stats (As of 12:25 AM 12/18)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 287.63
- Volume: 24K
- Open Int: 196K
- Trend Grade: Bull
- From BA ATH: -0.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Profitable SMC Smart MoneyConcept Strategy Explained
I will teach you how to trade liquidity grab, a trap, inducement, order block and imbalance.
I will share with you my Smart Money Concept strategy for trading forex & gold.
We will study a real SMC trading setup that I took on a live stream with my students.
Trend Analysis With Structure Mapping
The first step in our trading strategy will be the analysis of a market trend on a daily time frame with structure mapping.
Analyzing GBPNZD on a daily time frame, we can see that the conditions for a bullish trend are met.
Liquidity Zones Analysis
The second step will be to find liquidity - supply and demand zones on a daily time frame.
According to our rules, here are 3 liquidity zones that I spotted on GBPNZD. We see 2 demand zones and 1 supply zone.
Test of Liquidity Zone
The third step will be to wait for a test of a liquidity zone.
And on that step, we should remember an important rule:
We will wait only for a test of a liquidity zone that ALIGN with the market trend.
It means that we will wait for a test of a demand zone in a bullish trend.
We will wait for a test of a supply zone in a bearish trend.
The only demand zones that meets these criteria on GBPNZD is Demand Zone 1.
It aligns with a bullish trend.
We don't consider Demand Zone 2, because a bearish violation of a Demand Zone 1 will be a Change of Character and a violation of a bearish trend.
And here is how a test of a liquidity zone should look like. The price should simply reach that.
Liquidity Grab & Imbalance
After we identified a test of a significant liquidity zone that aligns with a market trend, we will start analyzing lower time frames.
We will look for a liquidity grab, order block and imbalance on 4H and 1H time frames.
Here is a liquidity grab that is confirmed by a bullish imbalance.
We see a false violation of a liquidity zone, followed by a high momentum bullish candle.
It will be our strong bullish signal.
Order Block Zone
In order to identify the entry point, the next step will be to identify the order block zone.
According to our rules, here is the order block zone on a 4H time frame.
Entry Level
Our entry level will be the level of the upper boundary of the order block zone.
Here is such a level on GBPNZD.
A buy limit order should be set on that level.
Please, note that in that particular case we don't need a 1H time frame analysis, because we have a confirmation signal on a 4H time frame. We will analyse an hourly time frame only when THERE IS NO SIGNAL on a 4H time frame.
Stop Loss & Take Profit
Safe stop loss should be below the lowest low of a bearish movement.
To safely calculate a stop loss in pips for the trade, simply take 0.5 ATR - Average True Range.
For Average True Range indicator , take the default settings - 14 length.
Here is a safe stop loss level on GBPNZD. ATR is 55 pips. Our stop loss for the trade is 28 pips.
Take profit for the trade will be based on the closest 4H liquidity - supply zone.
That is the closest supply zone that I spotted on GBPNZD on a 4H time frame.
Your target level should be a couple of pips below a supply zone.
Look how perfectly the market reached the target!
As you can see, that trading strategy is quite complex and combines different important elements. But what I like about this SMC trading strategy is that it truly makes sense.
The intentions of Smart Money are crystal clear here and the trade execution rules are straight forward.
❤️Please, support my work with like, thank you!❤️
EURJPY: Capturing BOJ decisionsFrom technical perspective, the price moved to significant orders in the past. And once reach there, there's bearish engulfing candle formed. To see inclination of price movements coherently:
1. GDP of Euro Zone in stagnant level without significant increase or decrease (demand in EURO is stagnant)
2. Japan CPI keeps growing (demand in YEN)
Therefore, there's possibility liquidity created first there with bearish engulfing, signifies bearish movement ahead.
Transform Your Gold Trades: Ultimate Price Action Insights!FXOPEN:XAUUSD @Alexgoldhunter Price Action Analysis and Strategy
Key Levels and Zones
Order Blocks (OB):
Upper OB: Around 2,653.023 USD
Lower OB: Around 2,644.000 USD
Break of Structure (BOS):
BOS Level: Around 2,644.000 USD
Fibonacci Retracement Levels:
0.786 Level: 2,653.09345 USD
0.705 Level: 2,651.001625 USD
0.618 Level: 2,648.75485 USD
0.5 Level: 2,645.7075 USD
0.382 Level: 2,642.66015 USD
Volume Profile:
Indicates areas with significant trading activity. Higher volume bars at levels like 2,644.000 USD and 2,653.023 USD suggest strong interest and potential support/resistance.
Significant Price Levels:
p1D High: Noted on the chart.
Swing High: Noted on the chart.
BMR Low: Noted on the chart.
Buy Strategy
Entry Point:
Consider entering a buy position near the lower OB around 2,644.000 USD, especially if the price shows signs of support and bullish reversal patterns.
Stop Loss:
Place a stop loss below the lower OB or the BMR Low to minimize risk.
Take Profit:
Target the upper OB around 2,653.023 USD or the Fibonacci retracement levels (0.618 or 0.786) for potential profit-taking.
Sell Strategy
Entry Point:
Consider entering a sell position near the upper OB around 2,653.023 USD, especially if the price shows signs of resistance and bearish reversal patterns.
Stop Loss:
Place a stop loss above the upper OB or the Swing High to minimize risk.
Take Profit:
Target the lower OB around 2,644.000 USD or the Fibonacci retracement levels (0.5 or 0.382) for potential profit-taking.
Conclusion
By using these price action techniques, traders can develop a strategic approach to buying and selling based on key levels and market structure. Remember to always manage risk with appropriate stop loss and take profit levels.
Happy trading! 📈📉
If you have any more questions or need further details, feel free to ask!
Follow @Alexgoldhunter for more strategic ideas and minds
Mastering BNB/USDT with Pro Price Action Techniques!BINANCE:BNBUSDT @AlexGoldHunter Price Action Analysis and Strategy
Key Levels and Zones
Support and Resistance Levels:
Resistance Block (RB): Around 735.00 USDT
Support Block (RB): Around 705.00 USDT
Strong Low: Around 705.00 USDT
Equal Lows: Around 705.00 USDT
Fibonacci Retracement Levels:
0.786 Level: 730.9076 USDT
0.705 Level: 728.753 USDT
0.618 Level: 726.4388 USDT
0.5 Level: 723.3 USDT
0.382 Level: 720.1612 USDT
Volume Profile:
High volume nodes around 715.00 USDT and 705.00 USDT
Price Action Markers
CHoCH (Change of Character): Indicates a potential reversal in trend.
MSS (Market Structure Shift): Indicates a shift in market structure, often signaling a change in trend direction.
BOS (Break of Structure): Indicates a break in the previous market structure, confirming a trend change.
Buy Strategy
Entry Point:
Look for a bullish CHoCH or MSS around the support block (RB) at 705.00 USDT. Confirmation of a bullish reversal can be further validated by a break above the 0.382 Fibonacci level (720.1612 USDT).
Stop Loss:
Place a stop loss below the strong low at 705.00 USDT to minimize risk.
Take Profit:
Target the resistance block (RB) around 735.00 USDT. Partial profits can be taken at intermediate Fibonacci levels (726.4388 USDT and 728.753 USDT).
Sell Strategy
Entry Point:
Look for a bearish CHoCH or MSS around the resistance block (RB) at 735.00 USDT. Confirmation of a bearish reversal can be further validated by a break below the 0.618 Fibonacci level (726.4388 USDT).
Stop Loss:
Place a stop loss above the recent swing high at 735.00 USDT to minimize risk.
Take Profit:
Target the support block (RB) around 705.00 USDT. Partial profits can be taken at intermediate Fibonacci levels (723.3 USDT and 720.1612 USDT).
Conclusion
This chart shows a detailed technical analysis setup for BNB/USDT, incorporating price action techniques, volume profile, and Fibonacci retracement levels to generate a buy and sell strategy. The key levels and zones identified provide potential entry and exit points for traders.
If you have any more questions or need further details, feel free to ask! 📈📉
Follow @Alexgoldhunter for more strategic ideas and minds
US30 painting a beautiful downtrendUS30 Technical Analysis Report
December 16, 2024
Current Market Overview
The US30 (Dow Jones Industrial Average) is currently displaying a significant bearish bias, with multiple timeframe analysis supporting a continuation of the downward momentum. Current price: 43,886
Technical Analysis by Timeframe
Daily Timeframe (HTF)
Confirmed bearish market structure break at 44,392 (December 10, 2024)
Overall Higher Timeframe trend remains bearish
This break serves as a key reference point for the current bearish momentum
4-Hour Timeframe (H4)
Clear downtrend pattern formation
Current price action showing retracement to sweep buy/sell liquidity zones
Price action respecting the downward trendline range
Suggested entry level identified at 43,809
1-Hour Timeframe (H1)
Key resistance level identified at 44,058
Potential for temporary trend interruption if this level is breached
Currently operating within Asian session range boundaries
Key Trading Levels
Entry Target: 43,809
Take Profit 1 (TP1): 43,345
Extended Target (TP2): 42,890 (conditional on market alignment)
Key Resistance: 44,058
Previous Structure Break: 44,392
Volume Analysis
Current phase: Asian session (characterized by lower volume)
Critical observation period: New York session open
Anticipating increased volume and potential trend confirmation during NY hours
Risk Management Considerations
Primary trend remains bearish
Watch for potential temporary reversals at 44,058
Monitor NY session volume for trade confirmation
Consider partial position closure at TP1 (43,345)
Trading Session Context
Currently in Asian trading hours
Key decision point expected at NY session open
Volume expected to increase significantly during NY hours, providing better trade execution opportunities
Trade Strategy Summary
The overall strategy aligns with the bearish bias across multiple timeframes. Entry opportunities are being monitored at 43,809, with a structured approach to take profit levels. The New York session will be crucial for volume confirmation of the anticipated moves.
Note: This analysis is provided for educational purposes only and does not constitute financial advice. All traders should conduct their own research and risk assessment before entering any positions.
XLMUSDT Short Idea - Struggling to Maintain Bullish MomentumXLMUSDT has had a strong run up to ~$0.63, as have many other alts, but is now struggling to maintain that bullish momentum.
Looking at a fib retracement view of the bullish push, we can see that the price action has been oscillating between the 0.5 and 0.618 fib levels and has once again been rejected off the bottom of the 0.5 level.
This chart shows a lower timeframe snapshot of that price action rejection off the bottom of the 0.5 fib.
From a bearish push fib retracement view, we can see that there is confluence between the 0.5 bullish fib level and the 0.618 bearish fib retracement region. We can see this level holding well and a potential rejection back down towards another bearish move.
The target for this short idea is a combination of the supply order block level sitting around 0.26, and the -0.618 fib extension level of the bearish fib retracement fib. Stop placement is above the order block flip zone indicated by the yellow box. For lower timeframe traders, a tighter stop could be attempted if you watch the price action closely following a breakdown below the last point of support at 0.38.
LTOUSDT | GREAT OPPORTUNITY IF YOU BUY FROM THE CORRECT PRICEWe are observing a 41% increase in volume on LTOUSDT, with buyers currently active.
Long trades can be designed based on the reactions observed in the lower time frames around the green line and blue box.
I will be closely monitoring these levels for confirmation of potential upward movements.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
GHSTUSDT %95 DAILY VOLUME INCREASE There is currently a 95% increase in daily volume for $BINANCE:GHSTUSDT. However, I prefer not to rush into evaluating this volume increase just yet.
I will closely monitor the blue box areas, which can be evaluated with a stop at 0.789.
It’s worth noting that buyers are starting to step into the market.
When the price reaches the blue box, I will assess upward breakouts on the lower time frames to identify potential buying opportunities.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
IQUSDT | %100 Daily Volume Increase, Still not Looking GoodIn our previous IQUSDT analysis, we successfully captured a 50% movement with a precision entry.
🤖 Check it out here: IQUSDT: Smart Plan
Now, we are identifying key zones in case the crypto market struggles leading into the new year.
IQUSDT has shown a 100% increase in daily volume; however, buyers have yet to step into the market.
My initial focus is on the blue box area.
When the price reaches the blue box, I will closely monitor for upward breakouts on the lower time frames to evaluate potential buying opportunities.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
TAO USD breakdown confirmed. Bad days ahead for BittensorKey support line broken for TAO and onward movement has a lot of thin air from prior rapid price up movement. Good opportunity to short TAO. The only thing that could invalidate it would be big buy-in by whales. If that fails to happen, TAO is likely awaiting a big downward move for the foreseeable future